More Capital Group Sites

Jonathan Bell Lovelace believed that fundamental research is essential to achieving superior long-term investment results. The small company he founded in 1931 has grown into one of the world’s most respected financial institutions.

American Funds Wins Multiple Lipper Awards

American Funds Wins Multiple Lipper Awards

MARCH 23, 2016

American Funds Wins Multiple Lipper Fund Awards Eight Years Running

Eight Target Date Retirement Funds and Three Additional Funds Honored

LOS ANGELES — American Funds, a family of mutual funds from Capital Group, one of the world’s largest investment management firms, has won 19 Lipper awards for 11 of its funds. This is the eighth year in a row American Funds has taken home multiple Lipper awards.

In a near sweep of the target date fund category, eight of the firm’s target date funds were honored — seven for multiple time frames and one for a single period. New Perspective Fund, SMALLCAP World Fund and U.S. Government Securities Fund were also honored. The Lipper Fund Awards recognize fund families and individual mutual funds that have achieved consistently strong risk-adjusted three-, five- and 10-year results relative to their peers.

“We are once again proud to be recognized in multiple categories by Lipper,” said Matt O’Connor, President of American Funds Distributors. “These awards are recognition of our long-term focus, low fees and objective-based investing, which aligns our firm with investors saving for or living in retirement.”

The American Funds Target Date Retirement Series® employs a dynamic approach to managing the mix of equities and fixed-income securities in their portfolios, as opposed to simply following a formula that increases the proportion of bonds held by investors nearing and in retirement.

“Retirees want their investments to provide both income and stability during their golden years,” O’Connor commented. “Our target date series is designed to lower volatility while striving for consistently superior long-term returns.”

Typically, target date funds lower their equity exposure over time as a way of managing portfolio volatility. In contrast, American Funds takes a different approach, maintaining a meaningful exposure to equities while shifting toward stocks that have a track record of paying and growing their dividends. By switching to historically less-volatile, income-oriented equities, the strategy seeks to reduce total portfolio volatility while also allowing for meaningful equity exposure that can provide retirees with the potential for capital appreciation in their portfolios.

The following American Funds were honored by Lipper for multiple performance periods:

Fund Name

Ticker

Symbol

Lipper

Classification

Winner

Years - 3, 5 or 10

Qualified Classification

Share Class Count

American Funds 2010 Target Date Retirement Fund®, R-6

RFTTX

Mixed-Asset Target 2010 Funds

3

83

American Funds 2010 Target Date Retirement Fund®, R-6

RFTTX

Mixed-Asset Target 2010 Funds

5

73

American Funds 2015 Target Date Retirement Fund®, R-6

RFJTX

Mixed-Asset Target 2015 Funds

3

105

American Funds 2015 Target Date Retirement Fund®, R-6

RFJTX

Mixed-Asset Target 2015 Funds

5

81

American Funds 2020 Target Date Retirement Fund®, R-6

RRCTX

Mixed-Asset Target 2020 Funds

3

168

American Funds 2020 Target Date Retirement Fund®, R-6

RRCTX

Mixed-Asset Target 2020 Funds

5

140

American Funds 2025 Target Date Retirement Fund®, R-6

RFDTX

Mixed-Asset Target 2025 Funds

3

141

American Funds 2025 Target Date Retirement Fund®, R-6

RFDTX

Mixed-Asset Target 2025 Funds

5

91

American Funds 2030 Target Date Retirement Fund®, R-6

RFETX

Mixed-Asset Target 2030 Funds

3

170

American Funds 2030 Target Date Retirement Fund®, R-6

RFETX

Mixed-Asset Target 2030 Funds

5

137

American Funds 2035 Target Date Retirement Fund®, R-6

RFFTX

Mixed-Asset Target 2035 Funds

3

130

American Funds 2035 Target Date Retirement Fund®, R-6

RFFTX

Mixed-Asset Target 2035 Funds

5

91

American Funds 2040 Target Date Retirement Fund®, R-6

RFGTX

Mixed-Asset Target 2040 Funds

3

156

American Funds 2040 Target Date Retirement Fund®, R-6

RFGTX

Mixed-Asset Target 2040 Funds

5

133

The following American Funds were honored by Lipper for single performance periods:

Fund Name

Ticker

Symbol

Lipper

Classification

Winner

Years - 3, 5 or 10

Qualified Classification

Share Class Count

American Funds 2045 Target Date Retirement Fund®, R-6

RFHTX

Mixed-Asset Target 2045 Funds

5

90

New Perspective Fund®, R-5

RNPFX

Global Large-Cap Growth Funds

10

51

New Perspective Fund®, R-6

RNPGX

Global Large-Cap Growth Funds

5

67

American Funds SMALLCAP World Fund®, R-5

RSLFX

Global Small-/ Mid-Cap Funds

10

61

U.S. Government Securities Funds®, R-6

RGVGX

General U.S. Government Funds

3

97

About Capital Group

Since 1931, Capital Group has been singularly focused on delivering superior results for long-term investors using high-conviction portfolios, rigorous research and individual accountability. Today, Capital Group manages more than US $1.39 trillion in long-term assets for millions of individual and institutional investors around the world.*

The Capital Group companies manage equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.

*As of December 31, 2015

The 2016 Lipper Fund Awards were awarded on March 22, 2016. Fund awards were based on risk-adjusted returns as of November 30, 2015.

Each target date fund is composed of a mix of the American Funds and is subject to the risks and returns of the underlying funds. The target date is the year in which an investor is assumed to retire and begin taking withdrawals. Although the target date funds are managed for investors on a projected retirement date time frame, the fund’s allocation strategy does not guarantee that investors’ retirement goals will be met. American Funds investment professionals actively manage the Target Date Fund’s portfolio, moving it from a more growth-oriented strategy to a more income-oriented focus as the fund gets closer to its target date.

Contact

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the mutual fund prospectuses and summary prospectuses, which can be obtained from a financial professional, and should be read carefully before investing. Similar information about collective investment trusts can be obtained from Capital Group or participants’ plan provider or employer.